Business Analyst

We are looking for a Business Analyst with strong experience in Market Risk or Counterparty Credit Risk (CCR), supporting large-scale technology change and transformation programs within investment banking. The role requires a blend of functional risk knowledge, data analysis and technical understanding (including Python). Key Responsibilities • Work on risk transformation programs (Market Risk / CCR / FRTB) across technology and business teams • Gather and document business and functional requirements for risk systems and reporting • Translate requirements into detailed functional specifications and data mappings • Perform data analysis and validation using SQL / Python for risk and trade datasets • Support implementation of regulatory changes (e.g., FRTB) across systems and processes • Collaborate with technology teams, quants and stakeholders to drive delivery • Participate in UAT, testing and validation of risk calculations and outputs • Ensure alignment across front office, risk and IT systems Must-Have Skills • Strong experience as a Business Analyst in Capital Markets / Investment Banking • Strong exposure to: o Market Risk or CCR o FRTB or regulatory risk frameworks • Strong data analysis skills (SQL mandatory) • Working knowledge of Python for data analysis / validation • Experience in large-scale tech change / transformation programs • Strong requirement gathering, documentation and stakeholder management skills Domain Experience (Critical) • Hands-on experience in: o Market Risk (VaR, sensitivities, stress testing) OR o CCR (exposure calculation, derivatives, counterparty risk) • Understanding of: o Trade lifecycle and risk data flows o Financial products: ▪ Derivatives (swaps, options, futures), bonds